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Currency ETFs

The Winklevoss twins of Facebook fame intend to launch a new ETF to track the price of Bitcoins, an online cryptocurrency that enjoyed a meteoric rise during bank crises in Europe. Bitcoin is an anonymous, peer-to-peer currency that is used for everything from purchasing electronics to money laundering and drug purchases. One of the biggest […]

With today’s downgrade of Greece’s credit rating into junk territory by Standard & Poor’s, ripples were felt globally, as equity indices tumbled from the latest multi-day rally. This weakening Euro trend has continued for some time now, but as a Greek debt resolution loses legitimacy and as shorts pounce, it’s unlikely there will be a […]